Let President Obama and his advisers think the only thing wrong in America today is that we haven’t had enough Obama. By now we all know nothing they’re doing is helping the economy. Even if you don’t believe they’re harming the economy (which they are) any thinking person can’t say they’re helping. Unless you’re of the Kool-Aid drinking variety. In that case I don’t want to hear from you. You’re helpless.
Just look at the housing market. New home sales have dropped to the lowest level in recorded history. This, despite the fact that they’re dumping billions into the housing market. They are incapable of creating real jobs. They are incapable of controlling markets in a way that works.
The saddest part of this whole mess is the false hope Obama’s offered people. And don’t tell me he doesn’t offer false hope, he was elected on hope, for crying out loud! I think I heard him say people were going to be healthier thanks to Obamacare. With any luck, by this point in time, most Americans know better than to believe him.
Unfortunately, many Americans did believe him when it came to foreclosures. He made all kinds of promises about keeping people in their homes, just google Obama promises foreclosure. How many Americans did he lead to believe that they wouldn’t lose their homes because he was in office? It looks like a couple of people in Philadelphia may have taken him at his word.
On March 5, deputies arriving to post an eviction notice on Lynda Clark’s South Philadelphia home found she had hanged herself.
“It’s devastating for everyone. We’re not even family members and it’s just devastating to us,” Captain Albert Innaurato of the Philadelphia Sheriff’s Office said.
Less than three weeks later, owner Gregory Bellows shot and killed himself shortly before deputies arrived to evict him from his Roxborough home.
Court records show Clark, whose debt topped $100,000, lost her home at a sheriff’s sale last October. Bellows, owing more than $240,000, had his home sold at a sheriff’s sale in 2008.
While the numbers are clear, it most likely will never be known when the homeowners’ huge debts turned into despair.
“They really don’t understand that it’s imminent, it’s going to happen. Take some sort of proactive steps to stop it from happening,” foreclosure prevention director Darrel K. Stewart said.
The expert said they should have been proactive. But why would they have been proactive? If they listened to the news they would have heard their president promising to solve their problems. But he didn’t solve their problems, and they had to face a stark reality.
I don’t know, perhaps this would have happened regardless of who resides in the White House. But when the person residing in the White House makes promises he knows he can’t keep, it isn’t a far leap to assume that maybe, just maybe, they believed what they heard. If so, that’s a tragedy.
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During the campaign period, I clearly remembered the comments of Mr. Obama’s lack of substance, and that was one of the reasons why I was not among his fans.Today many Americans end up homeless; those who put their faith in him to do a nice job to solve the housing crisis are now disillusioned. Indeed, foreclosure has a devastating impact on anyone affected by it. It leaves a stigma which might be unspoken but never forgotten for years. I just hope that Obama’s administration will not waste taxpayer’s money to provide housing programs that do not work.
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[...] administration is fudging the numbers so the bleak unemployment picture looks a little rosier. Home sales are down, gas prices are up. We can’t drill for oil off our own shores, but Russia can. An [...]
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Found your blog on Bing. It’s so true what you said about foreclosure. We’re definitely going through interesting times with real estate right now.
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Today many Americans end up homeless; those who put their faith in him to do a nice job to solve the housing crisis are now disillusioned. Indeed, foreclosure has a devastating impact on anyone affected by it. It leaves a stigma which might be unspoken but never forgotten for years. I just hope that Obama’s administration will not waste taxpayer’s money to provide housing programs that do not work.
Like or Dislike:
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